Finances

[Bob Box Fish]

Of the >13,500 season tickets, UEFA money (>1million), John Mcginn fee (~2.8million - st Mirren), HSL, strip sales, Simon Murray fee, Dylan Mcgeouch contract offer (not taken) - how much of this will Lennon see to sign permanent contracts?

Happy with signings so far but the wallet must be bursting following a summer of income?

[Paul1642]

The building of the indoor pitch will have to come from somewhere and how many more years do we have of paying STF 500k? I’m sure this was all accounted for regardless of John Mcginn so should defiantly be enough in the bank for a decent singing + some for the future. Will be great once STF is paid in full and we have £500k extra per year which is no small amount

[Bob Box Fish]

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The building of the indoor pitch will have to come from somewhere and how many more years do we have if paying STF 500k? I’m sure this was app accounted for regardless of John Mcginn so should defiantly be enough in the bank for a decent singing + some for the future. Will be great once STF is paid in full and we have £500k extra per year which is no small amount

I would imagine we made profit last season on average gates of 18k the last time hibs publicly announced a break even figure it was an average crowd of 12,000 required.

[hibby6270]

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Of the >13,500 season tickets, UEFA money (>1million), John Mcginn fee (~2.8million - st Mirren), HSL, strip sales, Simon Murray fee, Dylan Mcgeouch contract offer (not taken) - how much of this will Lennon see to sign permanent contracts?

Happy with signings so far but the wallet must be bursting following a summer of income?

You're absolutely right. There must be more signings in the pipeline. I recall Neil's quote after the Asteras match last week when he said 'there are many irons in the fire' on the transfer front. Maclaren, Agyepong and Hyndman have been announced since then but none of them are permanent.

In a way I don't mind that. As long as they are quality signings and not just signings for the sake of it, we'll all be happy.

Oh and by the way, according to our Gorgie chums all this incoming money is going straight into STF's back pocket!!

You've got to laugh at their naivety, poor wee lambs.😂😂

[Speedway]

We’ll have made a small loss this year.

[Bob Box Fish]

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We’ll have made a small loss this year.

With selling Cummings, finishing fourth, league cup semi and 18k gates?

[hibby6270]

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The building of the indoor pitch will have to come from somewhere and how many more years do we have of paying STF 500k? I’m sure this was all accounted for regardless of John Mcginn so should defiantly be enough in the bank for a decent singing + some for the future. Will be great once STF is paid in full and we have £500k extra per year which is no small amount

The repayments to STF have all been budgeted for within normal income, so there shouldn't be any strain on finances with regard to them.

Whilst it's almost certain not all incoming 'extra' funds will go straight into the transfer pot, it will more than likely be put to good use on capital expenditure - as already mentioned - the indoor pitch at EM for example. All a benefit to the club overall.

[GlesgaeHibby]

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We’ll have made a small loss this year.

Find that hard to believe given massively increased gates, tv/prize money from being back in premiership etc

[The_Horde]

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We’ll have made a small loss this year.

On the accounts from last year. Which were from the financial year before that.

[danhibees1875]

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We’ll have made a small loss this year.

As in the year to 30 June 2018? I think we'll have made a wee profit that year.

[Lemonade]

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We’ll have made a small loss this year.

No chance.

[RoYO!]

What’s our headline figures? How much do we owe to STF? Any mortgage/ stand/ east mains payments outstanding? (Other than Running costs). Are we in the black?

[Hibernian32]

I’ll take a gamble and say we’ve sold 5k of our new tops that’s at least 250’000 for next year tho...

[Bobby Moore]

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We’ll have made a small loss this year.

The most recently published accounts where for the year ended 30th June 2017 and these covered our third and last year in the first division with the associated prize money and gate receipts and did indeed give rise to a small loss.
The next accounts for the year to 30th June 2018 shall cover our first year back in the SPFL and shall reflect the vastly increased prize money from a 4th place finish, increased gate receipts through higher season ticket sales and increased away fans attendances a ER, with 2 sell out derbys, 4 home Celtic/Rangers fixtures and also Aberdeen’s healthy away support in addition to the League Cup semi run.
I would be very surprised if those accounts, probably to be published in perhaps the late autumn of of this year do not show a marked improvement in the previous years small loss.
The proceeds from the SJM sale, and The Europa League appearance money plus’s attendances (minus costs of charter flights and hotel accommodation) shall be refelected in the next years accounts which shall run to 30th June 2019.
The latter two years accounts should also reflect an upward curve in donations from HSL following increased publicity and membership in these years.
Of course running a professional football club is a costly enterprise but I feel that in our circumstances our board have done and are doing a pretty outstanding job of it and deserve praise for this.
I have been a a shareholder since the calamitous days of Duff and Gray and can scarcely believe where our club stands now in terms of stadium and infastructure.

I can only summise that we are now by far and away in the best financial shape that we have ever been since then particularly when the said stadium and infrastructure are taken into account and compared to what it was.
We are I’m sure in a a very stable position and must be the envy of others.
I suppose I’m a bit of an old timer but to compare this to the days when the AGM had to be held in Portobello Town Hall for want of a suitable venue , the training facilities were non existent the and the attendances we had then and now, well the comparison is scarcely believable and this all after 3 years in the first division! All involved us fans included, should be very satisfied.

[Dancehibs]

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Of the >13,500 season tickets, UEFA money (>1million), John Mcginn fee (~2.8million - st Mirren), HSL, strip sales, Simon Murray fee, Dylan Mcgeouch contract offer (not taken) - how much of this will Lennon see to sign permanent contracts?

Happy with signings so far but the wallet must be bursting following a summer of income?

Definitely bringing in cash. Cost best part of £400k for the flights out to the Europa ties. Be interesting what period villa pay the fee for Hohn.

[DetroitHibs]

I think Lennon should be given 2 million to bolster the squad. Unfortunately don't think that will be the case.

[007 Mickey Weir]

Remember the loanee players don’t come free. We will be paying high wages and/or a fee

[hhibs]

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Definitely bringing in cash. Cost best part of £400k for the flights out to the Europa ties. Be interesting what period villa pay the fee for Hohn.

That is very unlikely ,where are getting that figure from ?

[HibbySpurs]

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The most recently published accounts where for the year ended 30th June 2017 and these covered our third and last year in the first division with the associated prize money and gate receipts and did indeed give rise to a small loss.
The next accounts for the year to 30th June 2018 shall cover our first year back in the SPFL and shall reflect the vastly increased prize money from a 4th place finish, increased gate receipts through higher season ticket sales and increased away fans attendances a ER, with 2 sell out derbys, 4 home Celtic/Rangers fixtures and also Aberdeen’s healthy away support in addition to the League Cup semi run.
I would be very surprised if those accounts, probably to be published in perhaps the late autumn of of this year do not show a marked improvement in the previous years small loss.
The proceeds from the SJM sale, and The Europa League appearance money plus’s attendances (minus costs of charter flights and hotel accommodation) shall be refelected in the next years accounts which shall run to 30th June 2019.
The latter two years accounts should also reflect an upward curve in donations from HSL following increased publicity and membership in these years.
Of course running a professional football club is a costly enterprise but I feel that in our circumstances our board have done and are doing a pretty outstanding job of it and deserve praise for this.
I have been a a shareholder since the calamitous days of Duff and Gray and can scarcely believe where our club stands now in terms of stadium and infastructure.

I can only summise that we are now by far and away in the best financial shape that we have ever been since then particularly when the said stadium and infrastructure are taken into account and compared to what it was.
We are I’m sure in a a very stable position and must be the envy of others.
I suppose I’m a bit of an old timer but to compare this to the days when the AGM had to be held in Portobello Town Hall for want of a suitable venue , the training facilities were non existent the and the attendances we had then and now, well the comparison is scarcely believable and this all after 3 years in the first division! All involved us fans included, should be very satisfied.

Or is that your pitch at the AGM for a dividend

[660]

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That is very unlikely ,where are getting that figure from ?

Probably £125k on travel for each away tie so there’s £375k

[Ringothedog]

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I’ll take a gamble and say we’ve sold 5k of our new tops that’s at least 250’000 for next year tho...

less the cost of buying them in, staff costs, VAT etc, we will be lucky if we make £10 on each top.

[Funkydunc]

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Probably £125k on travel for each away tie so there’s £375k

£160k for Greece

[mjhibby]

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Definitely bringing in cash. Cost best part of £400k for the flights out to the Europa ties. Be interesting what period villa pay the fee for Hohn.

Don't think our costs would be that much but would be considerable. I see lenny mentioned money from Cummings transfer so presumably that was the second instalment of his fee which makes things even rosier. As was said it's scarcely believable that we can be in such a position four years after relegation. Lenny has lost his two best players but he's now in a position to make hibs a force to be reckoned with for years. I reckon by the time lenny goes we will have a team full of players on long term contracts and some cracking youngsters. Best time to be a hibby since 1972. IMHO of course.

[eastcoasthibby]

Given that LD said that NL has the biggest budget ever for the footballing side of Hibs ...the money indoor pitch, STF loan will all have been sitting on the other side of the budgets ...so he had what he had ..since then Murray away for 150 k, Europa run ..still profit in that from home crowds even if most of the rest has apparently gone on expenses !! Now mcginn money ...what struggle with is that whilst it will have cost us for Flo, Mallan, Bogdan ...we were for whatever not attempting to get a replacement in for McGinn even though we knew he would go ..sure we hadmoney.to spend without waiting for his money ?? My reason for thinking we.seem to have been waiting is that as soon as he goes we bring in a midfielder within a couple of hours ?? Not sure whats happening or why we.seem.to have been holding off but its not helped our cause in getting players in...timeously.
We wi never lnow the facts but it does raise questions !!

[GloryGlory]

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Of the >13,500 season tickets, UEFA money (>1million), John Mcginn fee (~2.8million - st Mirren), HSL, strip sales, Simon Murray fee, Dylan Mcgeouch contract offer (not taken) - how much of this will Lennon see to sign permanent contracts?

Happy with signings so far but the wallet must be bursting following a summer of income?

https://www.edinburghnews.scotsman.c...quad-1-4780912

This article in EEN says we've also brought in a bit more money from Jason Cummings. I wouldn't imagine it is very much, but every mickle maks a muckle, as they don't say in France.

Remember, though, we've already forked out £250-300k in transfer fees for Kamberi and Mallan.

[GloryGlory]

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Given that LD said that NL has the biggest budget ever for the footballing side of Hibs ...the money indoor pitch, STF loan will all have been sitting on the other side of the budgets ...so he had what he had ..since then Murray away for 150 k, Europa run ..still profit in that from home crowds even if most of the rest has apparently gone on expenses !! Now mcginn money ...what struggle with is that whilst it will have cost us for Flo, Mallan, Bogdan ...we were for whatever not attempting to get a replacement in for McGinn even though we knew he would go ..sure we hadmoney.to spend without waiting for his money ?? My reason for thinking we.seem to have been waiting is that as soon as he goes we bring in a midfielder within a couple of hours ?? Not sure whats happening or why we.seem.to have been holding off but its not helped our cause in getting players in...timeously.
We wi never lnow the facts but it does raise questions !!

Different targets for different scenarios regarding SJM staying or going?

[CropleyWasGod]

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Given that LD said that NL has the biggest budget ever for the footballing side of Hibs ...the money indoor pitch, STF loan will all have been sitting on the other side of the budgets ...so he had what he had ..since then Murray away for 150 k, Europa run ..still profit in that from home crowds even if most of the rest has apparently gone on expenses !! Now mcginn money ...what struggle with is that whilst it will have cost us for Flo, Mallan, Bogdan ...we were for whatever not attempting to get a replacement in for McGinn even though we knew he would go ..sure we hadmoney.to spend without waiting for his money ?? My reason for thinking we.seem to have been waiting is that as soon as he goes we bring in a midfielder within a couple of hours ?? Not sure whats happening or why we.seem.to have been holding off but its not helped our cause in getting players in...timeously.
We wi never lnow the facts but it does raise questions !!

It's been said before.

Before the SJM transfer was factored in, we had the budget for players A B and C. Now that SJM is away, we can afford X Y and Z.

We played the English window well, in that we would know when it shut whether we would be able to go for X Y and Z. And we now have 3 weeks in which to close those deals.

Y has a dodgy knee, though. Just saying.



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[GloryGlory]

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As in the year to 30 June 2018? I think we'll have made a wee profit that year.

Yes - I expect we will have made a small profit for 2017-18 financial year.

[CropleyWasGod]

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What’s our headline figures? How much do we owe to STF? Any mortgage/ stand/ east mains payments outstanding? (Other than Running costs). Are we in the black?

We owe just under 3.5m to the holding company. No bank or mortgage debt.

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[mjhibby]

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We owe just under 3.5m to the holding company. No bank or mortgage debt.

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Paying it off half a million a season interest free. We must have raised around £3.5m from the europa run plus sjm fee and Cummings and Murray money. Yes we have spent money on kamberi and Mallon and no doubt the players are on better contracts but there is a huge amount to manoeuvre with from now till the end of the transfer window. Swanson and Whittaker places are under threat so wouldn't be surprised if one isn't out on loan to st mirren or the like. I would expect two more signings. Another centre midfielder and a wing back to cover for gray and Stevenson. Obviously if we get past molde then the europa league group stages come into the equation so we may see another quality player brought in. I'm sure we'd need to sign at least another few players if we got to the group stages to cope with the extra games. What a tough dilemma to have. Pity we aren't a big club. Teehee.